Fact: Owner Operators hate freight brokers.
Truth: They are necessary for the industry.
Question: As an OO, if you could decide how much a freight broker gets to make off of a load, percentage-wise, what would it be?
What Is A Fair Cut For The Broker?
Discussion in 'Ask An Owner Operator' started by Renegade92, Jan 7, 2023.
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8-10% is what usually charged around here.
Renegade92, D.Tibbitt, Coffey and 1 other person Thank this. -
Aaaaaand here we go again.
At least it took a few days into the new year. LolDino soar, Short Fuse EOD, Renegade92 and 17 others Thank this. -
5% tops
Tb0n3, Renegade92, D.Tibbitt and 1 other person Thank this. -
I much rather haul a load for $900 if I know the broker charged the customer $1000 instead of another broker for $950 where customer paid $1100.
Renegade92 and D.Tibbitt Thank this. -
When I dealt poker, a lot of dealers liked to discuss what percent is fair to get tipped. They would get pissed at the people tipping $1 after winning a huge pot. But if I dealt 20 hands in a half an hour and only got $1 per hand, I'm still getting $40 an hour in tips. I'm doing the exact same job regardless of the pot size, so it doesn't matter how much money is in the middle. So my opinion is that brokers should get a flat rate that reflects the effort that they put into the load. If two brokers put in the exact same effort, but one was short haul and the other a long haul, there shouldn't be a huge difference in what they get. With the increase in automatic load tracking, there doesn't seem like much difference between broker interaction on a short haul vs long haul load.
Renegade92 Thanks this. -
Brokers need more cash flow than 5% because they need money in the bank to cover all the truckers who want quick pay while they wait 30/60/90 however many days to be paid from their customer.
Renegade92, lester, Siinman and 2 others Thank this. -
10% is too little. 20% is too much.
I’d say 12.5 to no more then 15%
But this whole convo is pointless anyway as what happens when the broker loses money or gets 0% Also it depends on how much money the load pays. 15% of a cross country load is probably too much while 15% of a local load probably isn’t worth messing with.Brettj3876, Renegade92, lester and 1 other person Thank this. -
When a broker has load for $2000 and posts it for $1000 and is grabbed up by el cheapo trucking LLC who's the bad guy?
Greedy broker
Or cheap freight hauling driver.
Renegade92, lester and JonJon78 Thank this. -
I get the rate I’m happy with to haul a load.
That’s all I care about.
No one was sniveling about what brokers got a year or two ago..
It would be no different than someone trying to cap our profits for delivering a load..Short Fuse EOD, Renegade92, Gridaxe5588 and 5 others Thank this.
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